Rally in Stocks, Bond Yields, and Bitcoin on Day of Trump Victory

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 52%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The dollar surged against the Mexican peso and the Chinese yuan, two key trading partners. It's also up against the yen and the euro.

In response to former President Donald Trump's return to the White House, U.S. stocks, bond yields, and bitcoin soared on Wednesday, signaling investor confidence in the potential for growth-oriented policies under the Trump administration.The Republican Party's control of the Senate further bolstered market optimism, with traders banking on a Trump presidency that could lead to lower taxes and reduced regulation.Ahead of Wall Street's opening, U.S.

Dollar Strengthens Against Major CurrenciesThe dollar surged against multiple currencies, including the Mexican peso and the Chinese yuan, reflecting renewed tensions with China, a country Trump has frequently targeted with tariffs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryThe broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party's policies can help and hurt different industries' profits.
Source: ABC7NY - 🏆 592. / 51 Read more »

Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryShare prices, bond yields and bitcoin surged Wednesday as the Republican party gained control of the Senate and former President Donald Trump became the projected presidential winner.
Source: 10News - 🏆 732. / 50 Read more »

Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryThe broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party's policies can help and hurt different industries' profits.
Source: abc13houston - 🏆 255. / 63 Read more »

Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryThe broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party's policies can help and hurt different industries' profits.
Source: ABC7 - 🏆 67. / 68 Read more »

Stocks, bond yields and bitcoin surge as Trump closes in on US election victoryThe broad U.S. stock market has historically tended to rise regardless of which party wins the White House, even if each party's policies can help and hurt different industries' profits.
Source: 6abc - 🏆 250. / 63 Read more »

Stocks, bond yields, bitcoin surge as Trump nears victory as presidentThe full results of Tuesday’s election may not be known for days as officials count all the votes, but investors already were repositioning in anticipation of...
Source: dallasnews - 🏆 18. / 71 Read more »